Page 71 - Latest Updates on Inflation
UK inflation surges to highest rate in nearly a decade as energy costs rise
UK inflation surged to the highest level in nearly a decade in October as energy costs soared and prices rebounded after sharp declines during the early months of the COVID-19 pandemic
 "UK inflation surges to highest rate in nearly a decade as energy costs rise")
Oct WPI inflation hits five-month high of 12.54% on higher input costs
As demand is recovering, industry is likely to pass on the higher costs to consumers and this may affect retail price inflation, experts said
 "Oct WPI inflation hits five-month high of 12.54% on higher input costs")
Rajasthan Cong take out march against inflation, BJP targets ruling party
The party workers on Sunday took out a protest march against inflation
 "Rajasthan Cong take out march against inflation, BJP targets ruling party")
Richest 20% facing more inflation than poorest 20%, says CRISIL
The gap widened in rural areas in October relative to September as inflation for the bottom 20 per cent fell more
 "Richest 20% facing more inflation than poorest 20%, says CRISIL")
Top headlines: Oct retail inflation up marginally; Hindalco Q2 net surges
Business Standard brings you the top stories from today
 "Top headlines: Oct retail inflation up marginally; Hindalco Q2 net surges")
Gold heads for biggest weekly gains in 6 months as inflation fears balloon
Spot gold fell 0.2% to $1,857.84 per ounce by 0625 GMT, after hitting a five-month peak on Wednesday. U.S. gold futures eased 0.1% to $1,861.30
 "Gold heads for biggest weekly gains in 6 months as inflation fears balloon")
Need an inflation hedge? Bitcoin has delivered 99.996% deflation
Unlike dollars or any other traditional currency, the digital coin is designed to have a limited supply, so it can't be devalued by a government or a central bank distributing too much of it
 "Need an inflation hedge? Bitcoin has delivered 99.996% deflation")
TMS, Ep 41: Fate of crypto, Falguni Nayar, Q2 results, and F&O trading
How will RBI's tough stance shape the fate of cryptocurrencies? How did Falguni Nayar become India's most successful entrepreneur? What is F&O, and how does it differ from equity trading? Answers here
 "TMS, Ep 41: Fate of crypto, Falguni Nayar, Q2 results, and F&O trading")
RBI's easy policy under pressure as companies worry about rising inflation
Companies have turned increasingly vocal about their inflation concerns, setting the stage for raising prices.
 "RBI's easy policy under pressure as companies worry about rising inflation")
Inflation-growth dynamics make policy making tough in India: Fitch
Year-to-date inflation averaged 5.2 per cent which is slightly below Fitch Solution's full-year forecast of 5.5 per cent for 2021
Market wrap: Benchmark indices decline for a third straight day
Sensex falls 433 points to close at 59,920; Nifty50 settles with a loss of 143 points at 17,874
 "Market wrap: Benchmark indices decline for a third straight day")
Gold is back in investment vogue with bulls loving faster inflation again
With the Fed determined to keep rates low while unemployment remains elevated, worries about out-of-control inflation are boosting gold's allure
 "Gold is back in investment vogue with bulls loving faster inflation again")
US inflation shock tears up trader playbooks from stocks to Bitcoin
Value shares, digital currencies, gold and bets on a flatter yield curve are seen as some of the potential beneficiaries from a higher inflation environment
 "US inflation shock tears up trader playbooks from stocks to Bitcoin")
Explained: Why inflation in the US is so high, and when it may ease
Inflation is starting to look like that unexpected and unwanted houseguest who just won't leave
 "Explained: Why inflation in the US is so high, and when it may ease")
Stage set for India's investment cycle to kick-start, says FinMin
For the first time since January this year, households expected inflation to fall, according to the RBI survey
 "Stage set for India's investment cycle to kick-start, says FinMin")
China's factory inflation risks build as producers pass on costs
The producer price index climbed 13.5 per cent from a year earlier, the fastest pace in 26 years
 "China's factory inflation risks build as producers pass on costs")
US inflation builds with biggest gain in consumer prices since 1990
The consumer price index increased 6.2% from October 2020
 "US inflation builds with biggest gain in consumer prices since 1990")
Wall Street slides as hot consumer prices data fans inflation fears
US consumer prices post largest year on year rise since 1990; technology, energy sectors lead early declines
 "Wall Street slides as hot consumer prices data fans inflation fears")
Gold turns sharply higher after data shows US consumer price surge in Oct
US gold futures rose 1.1% to $1,851.40
China stocks set for worst day in two months as inflation climbs
China's factory-gate prices grew at the fastest pace in 26 years in October while consumer inflation also accelerated to come above market expectations
 "China stocks set for worst day in two months as inflation climbs")